Reservoir
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
A report commissioned by Havtil, the Norwegian Ocean Industry Authority, calls for better dialogue regarding pore-pressure uncertainty and higher-end drilling techniques like managed pressure drilling as methods to reduce the risk of well-control events.
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Producers in Oklahoma’s newly opened Merge play are sitting atop a resource that rivals some major world gas fields and discoveries, Citizen Energy’s Geology CEO Greg Augsburger told the SPE Gulf Coast Section Business Development Group recently. -
Indy Chakrabarti, senior vice president of product management and strategy at Emerson Automation Solutions talks about developments in software solutions for the oil and gas industry.
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Good diagnostic testing is often painstaking, time-consuming, and costly, but recent studies suggest that a lack of knowledge can be even costlier.
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In the onshore world, one of the big advances for addressing increased sampling requirements has been to go to 24-hour shooting with continuous recording of simultaneously sweeping vibrators. This has been enabled by innovations in both acquisition and processing.
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The feasibility test conducted offshore Abu Dhabi demonstrated the successful and safe deployment, seismic-data acquisition, and retrieval capabilities of the AMV and 3D sensor array.
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Integrated surveillance is critical for understanding reservoir dynamics and improving field management. A key component of the surveillance is areal monitoring of subsurface changes by use of time-lapse geophysical surveys such as 4D seismic.
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The complete paper proposes an azimuthal plane-wave-destruction (AzPWD) seismic-diffraction-imaging work flow to efficiently emphasize small-scale features associated with subsurface discontinuities such as faults, channel edges, and fracture swarms.
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The appreciation of empirical realities permits the improvement of commercial depletion planning and enables a greater number of projects. This paper reviews the evidence for and against three doctrines in current use to develop depletion plans.
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Scientists at Locus Bio-Energy Solutions have created a series of nontoxic microbial-based products that substantially increase oil production.
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Despite an abundance of discovered resources, most companies are still running at unsustainable reserves replacement levels, necessitating further investment in exploration of conventional and unconventional reservoirs.
